Weekly Wrap Up #65
Quote of the week: “But really it’s a good time to be talking about crypto. There’s a pause; there’s some repose. Whatever is left in crypto is not just speculation and get-rich-quick schemes. We can think about what crypto means – divorced, a little bit, from the lines going up… My goal is to convince you […]
Weekly Wrap Up #64
Quote of the week: “When you specifically talk about crypto, it is going to be about discovery of products, whether it is physical or virtual inside, either the Metaverse or upfront, and then how people transact.”- Suresh Kumar, Global Chief Technology Officer of Walmart. Source: https://cointelegraph.com/news/walmart-cto-says-crypto-will-become-a-major-payments-disruptor International Policy Featuring South Africa: The Financial Sector Conduct Authority issued a […]
Weekly Wrap Up #63
Quote of the week: “The current lack of regulatory clarity for digital assets presents entrepreneurs and businesses with a choice: navigate the significant regulatory ambiguity in the U.S., or move overseas to markets with clear digital asset regulations.” – Bill Hagerty, United States Senator, a member of the Senate Banking Committee. Source: https://cointelegraph.com/news/us-senator-bill-seeks-to-cushion-crypto-exchanges-from-sec-enforcement-actions Kim Kardashian Pays SEC […]
Weekly Wrap Up #62
Quote of the week: “[The price action in 2020 and 2021 was] probably 80% of the story and 20% of utility. [The next Bitcoin rally will be] 50% story and 50% utility… I see it’s people building applications, people building systems that are fast and scalable and that are user-friendly. We don’t have them yet. That’s […]
Weekly Wrap Up #61
Quote of the week: “And we finalized!” Happy merge all. This [on September 15, 2022] is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.”- Vitalik Buterin, Co-Founder of Ethereum. Source: https://www.thestreet.com/investing/cryptocurrency/crypto-evangelists-social-media-laud-merge-incredible-feat?puc=yahoo&cm_ven=YAHOO To learn more about the Ethereum Merge please see our latest installment on What You Need […]
Weekly Wrap up #60
Quote of the week: “I consider this [the Ethereum merge] the most significant catalyst in crypto history in terms of its magnitude and the fact that ETH is the second largest crypto” – Travis Kling, Chief Investment Officer at Ikigai. Source: https://www.forbes.com/sites/ninabambysheva/2022/09/06/first-phase-of-ethereum-merge-biggest-thing-in-crypto-since-bitcoin-goes-live/?sh=33579c7f17db Alpha Sigma Capital Research: The United States macro economy continues to face abnormal conditions with […]
Weekly Wrap Up #59
Quote of the week: “With those ultra-low cap deals, wow you get a hold of one of those things at the right time you can make just massive, massive money. But on the flip side of that you’re playing in someone’s playground, you know you’re not the house, they’re the house.”- Jordan Belfort, former stockbroker, known […]
Weekly Wrap Up #58
Quote of the week: “I’m looking forward to seeing if Powell can straighten the market out… At a time when the Fed’s public forecast is at odds with the market, he knows that this is his chance to steer the markets.” – David Wessel, a senior fellow in economic studies at the Brookings Institution and former […]
Weekly Wrap Up #57
Quote of the week: “It’s important to remember that across the course of history, many people have been initially skeptical about technological developments before they were adopted in the mainstream — like with computers and cell phones. This is the natural course of technological advancements.”- Oliver Schäfer, 21Shares’ new head of Germany. Source: https://cointelegraph.com/news/former-jpmorgan-barclays-execs-on-why-crypto-jobs-attractive-even-in-bear-market The United States […]
Weekly Wrap Up #56
Quote of the week: “Bear markets actually present excellent opportunities, so we expect to see M&A and consolidation activity in the mining sector involving both public and private players — to realize economies of scale and combine complementary operations.” — Andy Long, White Rock Management CEO. Source: https://cointelegraph.com/news/crypto-bear-market-will-provide-excellent-m-a-opportunities-white-rock-ceo Disappointing Coinbase Earnings: This week, Coinbase released disappointing second-quarter […]